Trelleborg Acquires Signum Technology
Trelleborg has acquired Signum Technology Ltd.
The acquisition of Signum and its subsidiary companies Gall Thomson, KLAW LNG, KLAW Products, and Vee Bee Filtration., provides safety-critical solutions for flow control applications, including Marine Breakaway Couplings (MBCs) and safety solutions for LNG transfer systems.
The move is part of Trelleborg’s strategy to strengthen its position as a system provider in oil and gas market segments, such as ship-to-ship and ship-to-shore LNG transfer.
Signum Technology is headquartered in Wiltshire, England, and has three manufacturing sites in the UK and service centers around the world. Sales for the group totaled approximately $45 million in 2018.